Lubbock Economic Development | TxEDC (2024)

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Lubbock Area of Economic Development

Lubbock Region for Business

This mid-size metro area provides access to skilled talent and tops charts for its economic growth.

Known as the “Hub City” of West Texas, Lubbock has a diverse economy rooted in manufacturing, agriculture, wholesale and retail trade services, with growing industries in education and health care. Lubbock’s highly skilled and educated workforce, proximity and connection to major national and international markets, and affordable utility and living costs make it the ideal place to grow your business. As the 11th largest city in Texas, Lubbock’s size provides a pipeline of personnel to fill your workforce needs. Lubbock County alone boasts more than 50,000 college students. Lubbock provides access to top technology and innovation, making it the place for your business to grow and prosper.

Featured Video

Business is Better in Lubbock, TX

This video from Lubbock EDA lists the reasons why Lubbock is the perfect place for your business – with access to cutting-edge research, a talented workforce, and low energy costs, Lubbock has it all.


Lubbock Economic Development | TxEDC (1)

#8 U.S. cities with the best work-life balance (Lubbock)

GoBankingRates 2022

Lubbock Economic Development | TxEDC (2)

#6 Best Mid-Size City Business Climate (Lubbock)

Business Facilities 2022

Lubbock Economic Development | TxEDC (3)

#1 Best Cities Overall for Recent College Graduates (Lubbock)

SmartAsset 2023

Lubbock Economic Development | TxEDC (4)

#10 Best City for Raising Families (Lubbock)

KCBD 2022

Lubbock Economic Strengths

Learn more about the economic strengths and business advantages that this metro area offers.

Lubbock Economic Development | TxEDC (5)

Lubbock Economic Development | TxEDC (6)

Lubbock Economic Development | TxEDC (7)

  • Business Climate
  • Talent
  • Infrastructure

Business Climate

Lubbock Economic Development | TxEDC (8)

Global Corporations Find a Home Here

Whether you’re looking to expand the operations of an established global corporation or start your own business venture, Lubbock has the resources to support you.

Major business clusters in Lubbock include agribusiness, education, food processing, health services, information systems & technology and manufacturing. Major employers include Convergys, Plains Capital Bank, Purina Mills, Suddenlink Communications, Tyco Fire Protection Products and X-Fab.


Lubbock Economic Development | TxEDC (9)

Top Skills Training and Education Programs

Several colleges and universities provide world-class education to over 50,000 students in Lubbock.

Lubbock’s higher education institutions include South Plains College, Texas Tech University and West Texas A&M University. In addition, the Texas Tech University Health Sciences Center is a top educational institution for students studying health care and life sciences.


Lubbock Economic Development | TxEDC (10)

High Connectivity at Low Cost

By road, rail and air, companies are connected to major domestic and international markets thanks to Lubbock’s strong infrastructure.

The I-27 highway supports transportation by car in the Lubbock area and beyond, while Lubbock Preston Smith International Airport offers efficient domestic and international air travel. Major Class I railroad carrier services provide reliable transportation by rail. Lubbock is also home to Foreign Trade Zone No. 260.

Featured News & Stories

Industry-leading companies of all sizes are growing in Texas.Read how these companies decided to Go Big in Texas.

Innovation and Entrepreneurship How Millennial Entrepreneurs Are Reviving the Small Towns of Texas The more populated cities of Texas offer many urban amenities that Millennials seek–hip restaurants and bars, a thriving music scene, entertainment, outdoor recreation, and a diversity of career opportunities. But the appeal of urban life has been tempered by skyrocketing... Read MoreArrow Icon

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Lubbock Economic Development | TxEDC (2024)


What drives Lubbock economy? ›

Known as the “Hub City” of West Texas, Lubbock has a diverse economy rooted in manufacturing, agriculture, wholesale and retail trade services, with growing industries in education and health care.

What is the economic activity in Lubbock Texas? ›

Lubbock's economy for the first quarter holds steady, but future activity will remain mixed as inflation remains stubborn. Retail sales for March 2024 are up 8.01%. YTD retail sales are up 4.56% from last year. New vehicle sales saw a 6.98% decrease from last March, while used vehicle sales are also down 13.87%.

What are 3 facts about Lubbock? ›


Birthplace of rock 'n' roll legend Buddy Holly. Home to award-winning wineries and more than 80% of Texas wine grape production. More music venues per capita than any other city in Texas. More neighborhood parks per capita than any other city in Texas.

Why is Lubbock Texas growing? ›

Texas Tech University and agriculture have shaped Lubbock's development since the early 20th century. Education, health, retail and food sectors are major contributors to economic activity.

What is the main industry in Lubbock, Texas? ›

The two main sectors driving Lubbock's economy are education and health care.

Who is the biggest employer in Lubbock, Texas? ›

Texas Tech is the largest employer in Lubbock.

Why is Lubbock important? ›

Aside from being the home of Texas Tech University, Lubbock is famous for the musical acts that hail from the city like Buddy Holly or Waylon Jennings, fine dining, museums, a rich art and culture scene but also for its friendly, hospitable atmosphere.

What is farmed in Lubbock? ›

Home to all four varieties of peanuts, the Southern Plains is the hub for America's favorite pastime snack as well. And, from beef cattle to dairy cows and pigs to poultry and sheep, the region's livestock operation grazes on approximately 37,000 square miles of terrain.

Where is the best economy in Texas? ›

Texas' economy continues to grow: Houston, Dallas, and Austin, three of Texas' largest cities, are among the nation's leaders in overall financial health. Texas GDP places Texas in the top 10 largest economies worldwide.

What percent of Lubbock is white? ›

The 5 largest ethnic groups in Lubbock County, TX are White (Non-Hispanic) (51.4%), White (Hispanic) (18%), Two+ (Hispanic) (10.8%), Other (Hispanic) (6.82%), and Black or African American (Non-Hispanic) (6.51%).

What is the quality of life in Lubbock Texas? ›

With a below-average cost of living, short commute times, thriving multi-business industry and an ideal location for young families, it's no wonder Lubbock has recently ranked among the top cities across the country for best work/life balance, thus resulting as a top 10 city to raise a family in the United States.

What percent of Lubbock is Mexican? ›

37.6% of the people in Lubbock, TX are hispanic (97.1k people).

Is Lubbock one of the fastest-growing cities in Texas? ›

2023. Lubbock ranked No. 5 of 20 fastest-growing, most affordable cities in the U.S.

Is Lubbock worth moving to? ›

The cost of living in Lubbock is very affordable. In 2021, Lubbock was voted the ninth-most affordable city in the United States. That's no mean feat. At nearly 8 percent below the national average, housing, transportation, and rent prices are more affordable than comparably sized U.S. cities.

What does Lubbock export? ›

Yearly Exports

In 2023 the top exports of Lubbock, Tx were Taps, co*cks, valves and similar appliances,... ($19.8k), Hydrometer, pyrometer, hygrometer, alone or combined ($3.78k), and Articles of vulcanised rubber nes, except... ($2.52k).

What is Lubbock best known for? ›

Aside from being the home of Texas Tech University, Lubbock is famous for the musical acts that hail from the city like Buddy Holly or Waylon Jennings, fine dining, museums, a rich art and culture scene but also for its friendly, hospitable atmosphere.

What does Lubbock produce? ›

A city founded upon its agriculture industry, today the sector remains the backbone on the local economy through agricultural manufacturing, distribution and farming. As they say, cotton is king in the Southern Plains, which stands to reason as the Lubbock area accounts for nearly ¼ of the nation's cotton production.

Why is Lubbock called Hub city? ›

With a unique blend of western heritage and community pride, Lubbock is called the "Hub City" because of its position as the economic, education and health care center of the south plains.

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